A Clear Conscience Helps You Sleep Well. Former CEO of HDFC, Keki Mistry shares Leadership Insights, says Stay Away from Bad Headlines Keki Mistry has been a pivotal force in HDFC’s extraordinary growth journey, steering the institution through a period of remarkable transformation. Under his leadership, HDFC’s profit after tax surged from ₹3,535 crore to an impressive ₹16,200 crore, while income rose from ₹12,000 crore to over ₹60,000 crore. The scale of its operations expanded dramatically, with loans under management increasing from nearly ₹1 lakh crore to ₹7 lakh crore. Mistry also played an instrumental role in HDFC’s foray into banking, shaping the group’s evolution into a financial powerhouse. Mistry, who joined HDFC in 1981, witnessed an era when borrowing money was uncommon in India and often looked down upon. Over the years, he played a crucial role in transforming access to retail lending and housing finance, making home ownership a reality for millions of Indians. Yet, he notes, “Indians are cautious about borrowing money,” even in the 21st century. For Mistry, leadership is as much about people as it is about numbers. He is clear-eyed about what makes employees stay, emphasizing that “culture, not just compensation, makes people quit organizations” and advising leaders to “keep politics out of the office.” Mistry’s leadership mantra is simple yet powerful: “Give credit to people publicly and correct them in private,” because he believes “a happy employee makes a happy customer.” In this candid conversation, Mistry also opens up about his love for cricket and old Bollywood melodies, and recounts a college boxing match that cost him a tooth. #CNBCTV18 #BusinessNewsLive #MarketNews #CNBC
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